Oireachtas Joint and Select Committees

Thursday, 7 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Michael Torpey:

Ulster Bank did engage with mortgage brokers and, as far as I'm aware - and I've to caution in those terms - the nature of the engagement with mortgage brokers was by way of commission payments to mortgage brokers for business originated. I'm not aware of any engagement or proposal to engage in a more substantive or different business model but I'm open to correction on that.

Comments

No comments

Log in or join to post a public comment.